Link Real Estate Investment Trust

Link Real Estate Investment Trust (Link REIT), headquartered in Hong Kong and operating within the real estate services sector, is committed to significant carbon emission reductions.

Carbon Emissions Data:

• 2025: Total reported emissions are approximately 602.1 million kg CO2e. This includes:
  • Scope 1: Approximately 7.6 million kg CO2e.
  • Scope 2: Approximately 122.9 million kg CO2e.
  • Scope 3: Approximately 472.4 million kg CO2e, with the largest contributions from downstream leased assets (approximately 318.3 million kg CO2e) and fuel and energy-related activities (approximately 55.6 million kg CO2e).
• 2023: Total reported emissions were approximately 614.1 million kg CO2e, comprising Scope 1 emissions of approximately 14.7 million kg CO2e, Scope 2 emissions of approximately 113.3 million kg CO2e, and Scope 3 emissions of approximately 486.2 million kg CO2e.
• 2021: Total reported emissions were approximately 111.6 million kg CO2e, with Scope 1 at approximately 3.1 million kg CO2e, Scope 2 at approximately 108.5 million kg CO2e, and Scope 3 at approximately 39.5 million kg CO2e.
• 2020: Total reported emissions were approximately 123.0 million kg CO2e, consisting of Scope 1 emissions of approximately 3.3 million kg CO2e, Scope 2 emissions of approximately 119.6 million kg CO2e, and Scope 3 emissions of approximately 21.8 million kg CO2e.
• 2014: Total reported emissions were approximately 155.6 million kg CO2e, primarily from Scope 2 emissions of approximately 155.5 million kg CO2e and Scope 3 emissions of approximately 0.1 million kg CO2e.

Climate Commitments and Reduction Targets:

Link REIT has set ambitious science-based targets to align with a 1.5°C warming pathway and aims for net-zero emissions by FY2050. Key commitments include:

• Net-Zero Target: To achieve net-zero greenhouse gas emissions across its value chain by FY2050.
• Near-Term Targets (by FY2032 from a FY2021 base year):
  • Reduce absolute Scope 1 and 2 GHG emissions by 50.4%.
  • Reduce absolute Scope 3 GHG emissions from fuel and energy-related activities and downstream leased assets by 30%.
• Long-Term Targets (by FY2050 from a FY2021 base year):
  • Reduce absolute Scope 1 and 2 GHG emissions by 90%.
  • Reduce absolute Scope 3 GHG emissions by 90%.

These commitments demonstrate Link REIT's dedication to mitigating its climate impact within the real estate services industry.